Government Lends to Rebuild in Flood Zones

At least 10,500 home and business owners whose properties are in FEMA’s new advisory flood zones have been approved for an SBA disaster loan to rebuild from Sandy, according to a ProPublica and WNYC analysis of federal data. These loans are worth at least $766 million. And that figure could be much higher. FEMA has only released some of its preliminary flood map updates for the area. | Related story »